Polk County MHP 40-128 sites
~~~~Asking Price ~~~~ $600,000~~~~
Mobile Home Park on 22 acres with 22 permitted sites, with plenty of room for expansion. Presently have 19 sites rented, 3 units owned by owner and rented out during the winter season only. Water & electric installed for 40 unit sites. Well good for 40 sites then would have to be increased. Property has deeded lake access to Lake Reedy. On-site private water & septic tanks.
Rents right now are $185 a month for the people that have trailers there all year round, rate to increase in August. Owner now receives between, $1000-$1500 for the trailers he rents in the winter. A Great place for fisherman in the winter time. Owner could fill all sites through the winter if all facilities were operational.
Could be developed for housing sites if new owner didn't want to continue rentals. Could also be a great RV Park!Park was originally approved for 128 sites. Permits have expired.
Owner financing with $250,000 down.
Gross Income $ 52,160
Expenses $ 9,690
NOI $ 42,470
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